The Commission for Agricultural Costs and Prices (CACP) is an advisory body that recommends the Minimum Support Prices (MSPs) for various crops and the Fair and Remunerative Price (FRP) for sugarcane. However, the final approval for the FRP comes from the Union Cabinet, specifically the Cabinet Committee on Economic Affairs (CCEA), chaired by the Prime Minister.
The Fair and Remunerative Price (FRP) of sugarcane is approved by the
Asked in UPSC IAS 2015 · Topic: Agriculture and Allied Sectors (Agricultural Policies and Programs (MSP, Subsidies))
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Answer: A. Cabinet Committee on Economic Affairs
More Economic Development questions
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